ThoughtFull, Asia’s first digital mental health company providing end-to-end mental healthcare, has raised U.S$4m in a pre-series A funding round.
ThoughtFull developed its digital mental health platform, ThoughtFullChat, to help address the rising demand on traditional mental health services in Asia. Through ThoughtFullChat, users can access self-care resources such as personalised content and progress tracking tools, as well as professional support through video calls and text-based mental health coaching.
ThoughtFull has already established partnerships with insurers such as AIA Malaysia in 2022 to provide the solution to their corporate customers. The company plans to use the funding raised to further scale business across Asia, expand its product offering, as well as conducting further clinical research around the region.
Joan Low, Founder and CEO of ThoughtFull said: "Sheares Healthcare is one of the leading healthcare investors globally and we are excited to be partnering with them to advance Asia's mental health ecosystem to the next level. Building on the work we do with healthcare professionals, employers, and insurers, we are yet another step closer to realizing our vision to empower everyone to make mental health a priority everyday by bringing seamless end-to-end care to all."
Click here to read the original news story.